I keep hearing people complain that the ‘mainstream media’ does not understand economics and that we’re talked down to as if everything must be explained as if the economy is a household. In this thread I explain all you (and they) need to know. Economics in one thread then....— Richard Murphy (@RichardJMurphy) December 12, 2020
I'm not an economist, and i'm not sure if this is a gross oversimplification... But i always understand this part of capitalist economics as "someone has to lose in our ponzi scheme in order for it to work"
I'm not an economist, and i'm not sure if this is a gross oversimplification... But i always understand this part of capitalist economics as "someone has to lose in our ponzi scheme in order for it to work"